Setback To Vijay Mallya As UK Court Allows Indian Banks To Sell His Assets In England To Recover Rs 10,000 Crore Debt

In a major setback to Vijay Mallya, a court in London has upheld a January 2017 ruling of the Karnataka Debt Recovery Tribunal freezing worldwide assets of the fugitive business tycoon.

The British high court on Tuesday that the judgment against him can legally be enforced against his assets in England and Wales.

AP/File

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